KMI & PRÆSIDIAD announced a manufacturing license and commercial agreement during the World Defense Show. The manufacturing and commercial agreement was signed by Praesidiad’s Chief Executive Mr. Dino Koutrouki and Mr. Mahmoud Al Kuhaimi, Vice President, Al Kuhaimi Group. This is an important step towards the launch of PRÆSIDIAD Arabia LTD, and part of Praesidiad’s continued commitment and investment in Saudi Arabia. Signee on behalf of KMI, Mr. Mahmoud Al Kuhaimi Vice President, Al Kuhaimi Group said, “This manufacturing agreement goes in line with Al Kuhaimi’s objective to localize specialized metal products serving different sectors and will add major products to KMI’s portfolio.
This strategic alliance positions both Al Kuhaimi Metal Industries and PRÆSIDIAD as major players in the defense sector, dedicated to producing and delivering high-security fencing across Saudi Arabia. Beyond strengthening local ties, the collaboration establishes a foundation for growth within Saudi Arabia and opens up new avenues for export opportunities across the Middle East.
” Mr. Dino Koutrouki, Chief Executive Officer, PRÆSIDIAD, “It has been a long-term goal for Praesidiad to invest in the Middle East region and compete in this exciting high-growth market. The innovation and development work we have put into a regional product offering that covers all high security market requirements, and these investments, are all significant steps toward Praesidiad further establishing the global reach of our Betafence and Hesco brands.” The commercial agreement includes plans to launch a manufacturing facility and sales office that will produce and deliver high-security fencing across the Middle East.
This announcement also comes with a highly anticipated product launch from Betafence, who shared with customers at the show the latest addition to their high security portfolio. Securifor Aman, the latest HCIS approved fence is a market leader, with a tested, approved and currently unbeatable penetration time of 7.2 minutes.